1506 Spring Brook Ct UNIT 2CRound Lake BeachIL60073
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Round Lake Beach at 1506 Spring Brook Ct UNIT 2C, Round Lake Beach, IL, 60073 earns $121/mo cash flow from $1,196/mo rent with a $759/mo payment. Total monthly income totals $1,196/mo, and annual cash flow totals $1,446/yr on $51,383 capital. ROI tracks 22.72% on current figures, and rental yield reads 9.26% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 118.95% and total cumulative return in cash sums $61,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,196/mo property income instead of your personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60073, Round Lake, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,160 (100%) |
| Owner Occupied HU | 14,941 (74.1%) |
| Renter Occupied HU | 4,561 (22.6%) |
| Vacant Housing Units | 658 ( 3.3%) |
| Median Home Value | $237,289 |
| Average Home Value | $263,973 |
Housing Distribution
Address Breakdown
Residential
19,696
Single Family
18,416
Multi-Family
1,280
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Imm • Keller Williams Success Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12507615